NPP MPs dispute claims of excessive borrowing by the Akufo-Addo administration, asserting that the NDC increased Ghana’s debt by over 261% during its tenure from 2009 to 2016. In contrast, they state that the NPP’s increase in debt has been limited to 68% from 2017 to 2023, arguing for superior economic management during their government.

Members of Parliament (MPs) from the New Patriotic Party (NPP) have contested assertions regarding their government’s borrowing levels. During a press conference on March 13, 2025, they presented data indicating that the majority of Ghana’s national debt was incurred during the eight-year governance of the National Democratic Congress (NDC) prior to the Akufo-Addo administration.

The MP for Tano North, Dr. Gideon Boako, represented the caucus by referencing statistics that reveal Ghana’s debt stock rose by over 261% during the NDC’s tenure under Presidents John Dramani Mahama and the late Prof. John Evans Atta Mills. In contrast, he reported that under President Akufo-Addo, the debt stock only increased by 68% over the same duration.

In summary, the New Patriotic Party (NPP) MPs argue that the NDC significantly increased Ghana’s debt by over 261% between 2009 and 2016, while the NPP raised it by a lesser rate of approximately 68% from 2017 to 2023. They claim this reflects more effective economic management by the current administration despite global economic challenges. The NPP’s assertion is that recent debt levels are manageable and demonstrate a careful handling of Ghana’s fiscal situation compared to the previous government.

Original Source: www.ghanaweb.com